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Franco borrows a total of $5,000 in student loan from two lenders. One charges 4.1% simple interest, the other 6.1%. He is not required to
Franco borrows a total of $5,000 in student loan from two lenders. One charges 4.1% simple interest, the other 6.1%. He is not required to pay off principal for 3yrs, however, at end of 3 yrs he will owe a total of $825 for interest in bot loans. How much did he borrow from each lender?
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